I'd probably dabble around the 2k mark.

This is the conundrum for anything volatile.

Were you a buyer at 30k, or a buyer at 5k? Buyers above 30k are screwed for now.

I can see 5k buyers selling a portion now.

30k buyers hope 5k buyers don't take big profits now.

Fun times.

And in 6 months when this is 90K everybody will be wishing they bought at 20K.

Same story over and over.

Buy now, buy now!

What's another $1500 correction when it's going to 90k?

Somehow it is until it isn't and the trick is realizing when the paradigm has changed.

Spoiler: it's changed.

NB: it doesn't mean BTC can't go up, but it does mean the strategy of blindly buying dips no matter what and where is much lower risk/reward (or "Sharpe" in market parlance).

The last major crash went from 20k down to like 4k. Rough numbers, not exact.

That shows it lost roughly 80% of its value.

If a similar type fall happens from its peak of approx 65k, that means the bottom would happen at 13k, but this is a horrible economy…I’m not sure there are retail investors in numbers to help it bounce from even that level.

I’m watching from the sidelines and will likely buy a full bitcoin at 5k if it gets there as well as 10 ethereum at the price at that point, again…if it gets there.

I have 11 million Dogecoin I will see ya- cheap!!

no matter how speculative you find btc there is one thing you can always guarantee with it - an insanely high roi after the halving... so roughly 2024.

if you have the stomach for it, it is definitely worth a very slow and methodical dca for a healthy return in the future.

Hope folks are doing well.

There aren't. This thing isn't going to pop again until retail completely capitulates, and institutions DCA their way in to the bottom - whatever that may be. $1K - $3.5k is my best guess. They're going to knock the legs out from underneath it by going after the stable coins and exchanges. Exchanges will be scared off from selling ICO coin "securities."

None of this is accidental.

Hell yeah


See who has the paper hands now

Not me

Get low get low

About to go below 19k

I'm buying some every time it drops 1k

How heavy is that bag?!?!?!

Am I seeing things (I've been drinking) or did it almost drop below 17k for a second?

I hold it all

Loading up on some of the higher capped alts everytime BTC tumbles. These prices are simply too good to pass up.

I cant imagine touching alts at this time.

Cashed out $121 of free rakeback bitcoin

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">NEW - Powell: &quot;Rapid changes are taking place in the global monetary system that may affect the international role of the dollar.&quot;<br><br>A US central bank digital currency is being examined to &quot;help the US dollar&#39;s international standing.&quot; <a href="https://t.co/htP6r1brNz">pic.twitter.com/htP6r1brNz</a></p>&mdash; Disclose.tv (@disclosetv) <a href="https://twitter.com/disclosetv/status/1537832095602597890?ref_src=twsrc%5Etfw">June 17, 2022</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Someone who was banned here claimed to be buying heavy at $40,000. Maybe that pushed him over the edge.

WHO WAS THAT?!?!?!

eBeta

In the 18's now.

What's the floor, boys?

I thought eDave had claimed he had made basically a small fortune off of Bitcoin and had retired. But maybe I am remembering that incorrectly.

$10.00

Maybe $100.00 as a novelty item...

Just looking at the daily chart, the next support is around the $12,500 area. Whether it gets there, or holds if it gets there is anyone's guess. $16,300 is an area that needs to hold too.

This is a long term investment. Ive always maintained it would go back down in the teens if you have followed my posts. Eventually...we'll get to 100k.

Voyager filing Chapter 11

Earlier today, we began a restructuring process aimed at strengthening Voyager Digital’s financial position. To accomplish this goal, the company and its main operating subsidiaries voluntarily filed for Chapter 11 protection.



Given the confidence you placed in Voyager when you joined the platform, we know this may be disconcerting news. To that end, we want you to know that we made these decisions specifically to protect and maximize the value of the assets on the platform for all stakeholders, including you, our customers, who remain our focus.



To be clear: This does NOT mean Voyager is going out of business. The restructuring process is intended to help companies stay in business, which is exactly what we intend to do. Being able to continue operations is a key benefit of a restructuring, a well-established legal process through which companies reorganize their financial obligations. In the meantime, we are continuing discussions with various parties regarding the company’s go-forward strategy.



Voyager was created with the idea that investors deserve a platform that provides access to crypto assets with simplicity, speed, liquidity, and transparency. While we strongly believe in this future, the prolonged volatility and contagion in the crypto markets over the past few months, and the default of Three Arrows Capital (“3AC”) on a loan from Voyager, made this course of action necessary. Through this process, we intend to create an efficient path to resume account access and return value to customers. We are also pursuing all available remedies for recovery from 3AC, including through the court-supervised processes in the British Virgin Islands and New York.



The proposed Plan of Reorganization (“Plan”) would, upon implementation, resume account access and return value to customers. Under this Plan, which is subject to change given ongoing discussions with other parties, and requires Court approval, customers with crypto in their account(s) will receive in exchange a combination of the crypto in their account(s), proceeds from the 3AC recovery, common shares in the newly reorganized Company, and Voyager tokens. The plan contemplates an opportunity for customers to elect the proportion of common equity and crypto they will receive, subject to certain maximum thresholds.



Customers with USD deposits in their account(s) will receive access to those funds after a reconciliation and fraud prevention process is completed with Metropolitan Commercial Bank. The Company continues to evaluate all strategic alternatives to maximize value for stakeholders.



We understand this unexpected news may create both concern and uncertainty. Additional information about our path forward can be found in our press release and blog post.



Information on the restructuring, including relevant court filings, is available at https://cases.stretto.com/Voyager, or by calling +1 (855) 473-8665 (U.S. toll-free) or +1 (949) 271-6507 (international).

Seems I remember a few governments getting involved in bitcoin. Wonder how that's working out for them? Or the athlete's who wanted to be paid in bitcoin?

This house of cards is starting to fall.

I hope everyone is able to get their money out.

I.ve got about 3K in Voyager. They have it locked down.

Yeah.. About that

Me too, everybody that wants to that is.

This is far from a first for crypto though. Not ready to predict an end is near.

I started a position in GBTC. I think it's the safe ,hassle free way to buy Bitcoin.

Anybody here following Tether and why they have dropped 17 Billion in marketcap since May to maintain their peg?

Solana is still one I'd be interested in right now at this price. It has actual usage right now.

Where’s BossChief?

What can I do for you?

Again, what are you guys doing with money on exchanges....especially at this time. Just baffling why more ppl dont use hard wallets.

Will you continue to naysay when crypto drops from a 12 trillion market cap all the way back down to 6 trillion? What about the drop from 30 trillion to 10?

Honestly you missed your calling as a buttcoiner back in 2013 :evil:

I am also looking in that direction now.

****ing Russian bots!!!!

Why would you call me russian?

Just go to uphold and buy 100 XRP.

That's like $40 right now.

When this SEC case is done, it's going to pop. I don't know to what, but it will definitely pop.

Bump

Solana is much too glitchy as a blockchain which hits the reputation of the whole ecosystem. But if Sol goes to, say, 5 dollars then it will be a very good thing to buy, my opinion.

Anyone know whats going on with the latest dip under $19000

I think something occurred on Sept 5th that basically killed bitcoin mining. I'm too lazy to look it up.

If thats the case that limits supply. I'd think the price should move towards the moon.

I guess that tothemoon is most likely to happen before the elections. Anyway I believe that it would be logical.

Ethereum did a fork and now need 10% of the power to mine. Big for Climate Change.

You are running out of time.

Hopefully you’re running out of time being alive

I mean, everyone is.

Horrible day for crypto...

This bubble has burst. It's far from over.

hodl

Knee jerk response to election results

Might want to keep up a little bit better to what's going on with crypto if you're going to have so much money in there lol.

Cause bro LMAO

Buy buy buy!

Nah too much work. Haven't been following the day to day much since I sold 30% of my holdings

I sees it has to do with FTX. Exchanges. Ruining what cryptocurrency is supposed to be.

I was totally out but got into Eth at 1200. I feel pretty good about that.

Sam Bankman Freid is the Elizabeth Holmes of Crypto

Bitcoin suffers one of the largest financial crashes in history. Fifth largest wipeout ever.


https://www.yahoo.com/finance/news/h...191954304.html

It has crashed many times before.

Bitcoin was 20k then went back down to like 3k (around 2018ish).

This is becoming truer than I first imagined. Even someone on CNBC made the same analogy.

This guy will be hard to prosecute due to lax restrictions in Crypto.

Newest reports show misappropriation of funds, possibly outright theft.

Next big question: Who hacked the nearly half a billion dollars and is there deep political issues involved?

Really crazy shit

BTC soaring this morning

What's this all about?

https://youtu.be/cIONDwLxiac

3 Crypto billionaires have all died under strange circumstances.

Russia/China/Ukraine/US/FTX.

Something has gone bad

https://www.msn.com/en-us/news/world...RxF?li=BBnbfcL

The one in Russia was forced to go fight in Ukraine and was killed by a drone.

The one in Ukraine died defending his country.

The one in China was executed for owning Bitcoin.

The one in the US had a heart attack when FTX went belly up.

All reasonable explanations. :thumb:

The Chinese govt appreciates your understanding. ; )

An important Fed ruling about Crypto exchanges. Your deposits are not yours, but owned by the exchange. Steve Lehto explains it well. Not even sure if wallets are safe.


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Is the yearly Moon run starting ??

Would be weary of the hype, any short term rally is likely a fake out for the majority of 23. Still plenty of room to go down with Powell and the fed snarling their teeth.

Markets are trying to fight the fed and call a bluff... think I got a hunch on which side wins here.

The tsunami comes with inverse correlation.

Getting in at 1200 on Eth doesn't feel too bad right now

Many thanks for the share!